View Full Version : Warren Buffett: Economy up even if Mitt Romney wins

10-24-2012, 11:03 AM
A major backer of President Barack Obama said Wednesday that American business will improve during the next four years “under either candidate.”
“Well, I do think under either of the two candidates, either one that becomes president, American business is going to get a lot better over the next four years,” said Warren Buffett in an interview on CNBC’s “Squawk Box.”
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10-24-2012, 11:21 AM
This is why this election is such a big deal for both sides.

If Romney wins it likely means an 8 year term because he will have presided over the recovery and will likely ride momentum to a second term barring some unforeseen disaster.

If Obama wins it may mean a deeper push into the politics of demographics and Republicans will have to consider changing message or face a very long hiatus from power.

10-24-2012, 11:37 AM
Doubt it. Given the fact that both these guys won't do anything about the deficifts/debt, while continuing and even expanding the war-mongering. I just don't see it happening. Definitely won't be a robust recovery IMO. The fundamentals are all out of whack. It all can easliy go the other way, especially when you have two Keynesian candidates.

10-24-2012, 11:48 AM
Even the Romney campaign has acknowledged this. Its no longer "this needs to be fixed", its "it is taking to long to fix and Obama is slowing everything to a crawl".

Like 9954 said, i doubt we will having a booming economy before the next election, but it will improve steadily.